Cato

Welcome to The Cato Corporation section of the Fashion Newspaper.  In this area you will find fashion news about The Cato Corp.

You can also learn more about Cato Corp at their website.




The Cato Corporation reported sales for the five weeks ended January 4, 2014 of $100.1 million, a 3% decrease from sales of $103.3 million for the five weeks ended December 29, 2012.  Same-store sales for the month decreased 4%.

Cato Reports August 2013 Same-Store Sales

The Cato Corporation (NYSE: CATO) today reported sales for the four weeks ended August 31, 2013 of $59.2 million, a 5% decrease over sales of $62.1 million for the four week period ended August 25, 2012.  Same-store sales in August were down 2% to the prior year.

Sales for the thirty weeks ended August 31, 2013 were $555.8 million, down 2% to sales of $566.4 million for the thirty weeks ended August 25, 2012.  The Company's year-to-date same-store sales decreased 3%.

"August same-store sales were within our range of expectations and consistent with our current trend.  We remain cautious in regard to the remainder of the year," commented John Cato, Chairman, President, and Chief Executive Officer.

During the month of August, the Company opened new stores in Las Vegas, NV, Sidney, OH, and Amarillo, TX.  This is the company's first store in Nevada.  As of August 31, 2013, the Company operated 1,309 stores in 32 states, compared to 1,298 stores in 31 states as of August 25, 2012. 

The Cato Corporation is a leading specialty retailer of value-priced fashion apparel and accessories operating three concepts, "Cato", "Versona" and "It's Fashion".  The Company's Cato stores offer exclusive merchandise with fashion and quality comparable to mall specialty stores at low prices every day.  Versona is a unique fashion destination offering accessories and apparel including jewelry, handbags and shoes at exceptional prices every day.  It's Fashion offers fashion with a focus on the latest trendy styles for the entire family at low prices every day.  Additional information on The Cato Corporation is available at www.catocorp.com.  

Expects 3Q EPS Near Midpoint of Guidance Range

The Cato Corporation today reported sales for the four weeks ended October 27, 2012 of $64.3 million, a 3% increase over sales of $62.7 million for the four week period ended October 29, 2011.  Same-store sales for the month were flat to the prior year.

Cato Reports August 2012 Same-store Sales

The Cato Corporation (NYSE: CATO) today reported sales for the four weeks ended August 25, 2012 of $62.1 million, a 2% increase over sales of $60.6 million for the four week period ended August 27, 2011.  Same-store sales in August were flat to the prior year.